Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Sees Significant Growth in Short Interest

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 233,696 shares, a growth of 281.2% from the October 15th total of 61,310 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 144,529 shares, the short-interest ratio is presently 1.6 days.

Hedge Funds Weigh In On Columbia EM Core ex-China ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. MCF Advisors LLC bought a new stake in shares of Columbia EM Core ex-China ETF in the second quarter valued at $42,000. Jacobi Capital Management LLC bought a new position in shares of Columbia EM Core ex-China ETF during the 3rd quarter worth $63,000. Global Retirement Partners LLC grew its stake in shares of Columbia EM Core ex-China ETF by 46.1% during the 3rd quarter. Global Retirement Partners LLC now owns 1,243 shares of the company’s stock worth $64,000 after acquiring an additional 392 shares during the period. Mather Group LLC. bought a new position in shares of Columbia EM Core ex-China ETF during the 3rd quarter worth $71,000. Finally, Balance Wealth Partners LLC purchased a new stake in Columbia EM Core ex-China ETF in the 3rd quarter worth about $83,000.

Columbia EM Core ex-China ETF Stock Down 1.6%

NYSEARCA XCEM traded down $0.76 during trading hours on Thursday, reaching $46.20. 76,941 shares of the company were exchanged, compared to its average volume of 208,543. Columbia EM Core ex-China ETF has a 1 year low of $36.72 and a 1 year high of $55.43. The business’s 50 day simple moving average is $49.83 and its 200-day simple moving average is $47.81. The stock has a market capitalization of $1.95 billion, a P/E ratio of 14.14 and a beta of 0.95.

About Columbia EM Core ex-China ETF

The Columbia EM Core ex-China ETF (XCEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index that provides broad equity exposure to emerging markets excluding China. XCEM was launched on Sep 2, 2015 and is managed by Columbia.